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20120928
20121006
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with the breakdown, ryan alexander, president of taxpayers for common sense. ryan, nice to have you on the program. thanks very much for joining us. >> thanks for having me. >> so for so long all we talk about is the low-hanging fruit that is defense cuts as well as the entitlements. medicare, medicaid, and social security. where do you see opportunity for cuts? >> we see opportunity across the budget. in agriculture, in transportation. as you say, in defense and in general government programs but across the government we think there's opportunities. probably if you look at crop insurance or commodity payments in the agriculture, that can add up. smaller areas that's $1 billion. $1 billion here, $1 billion there, it adds up to money. we wanted a menu of thoughtful choices to reduce our deficit and avoid sequestration. >> go through it for us. because, you know, i guess if it were that easy, it would have been a lot simpler getting to the point where we're at. can you talk to us specifics about what you think should be cut? >> sure. that's what we wanted to do in this report. it's more than $100 bi
private bank, ryan from bimo capital market and our own bob pisani. gentlemen, good to see you. thanks for joining us. nick, if in kt end it's all about earnings, will the markets have a problem given the fact what we're seeing looking at the revenue side of the equation? >> the rate of growth is clearly slowing both on the sales and the earnings front. it's also a game of expectations. for the third quarter the expectations, we've been joking around saying expectations are zero for the quarter since there are no expectations for growth. we think it's going it come in more 4%, 5%. we think the majority of companies are going to beat. the important thing here, we think the expectations for the fourth quarter are too high. while they're too high, we think a majority are going to lower fourth-quarter guidance after reporting. not by the same magnitude as what was last quarter. the cuts are going to come but not be as severe as last quarter. >> brian, what do you think? what are your expectations for earnings going into this quarter? >> they're going to be weak. that's already baked into t
romney's proposed with paul ryan an ambitious reformation of the program that would go to voucher, but he hasn't said what the level of the voucher would be or the growth rate in the voucher. if you don't specify that, you can't specify what your savings will be or the impact on consumers. and finally president obama last year in the grand bargain talks with house speaker boehner talked about more ambitious proposals than medicare than he's advocated so far like raising the eligibility age from 65 to 67. hasn't said a word about that in the election campaign so far. you can expect the two to clash on that issue, as well. >> john, i know you've looked at some poll numbers from the journal and nbc news. maybe a slight tightening on a national level. but certainly in some important states like ohio, the president continues to lead. i know you've said the romney strategists believe they need ohio. if it's mathematically possible to win without it, why do they still believe they need it? >> well, because if you don't win ohio, you're probably not going to win, say, wisconsin, which is another
thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing. and as jim cramer said a little earlier, i think between 23 and 27 minutes of the world's focus was on this last night. the people have moved on to more substantive topics now. >> so the bottom line is that it does not matter for a domestic business who gets elected? when it comes to the fundamental -- >> i think it does matter, but i think it matters because i think barack obama is the person who is most likely to be able to continue growing the economy. and the things that romney has proposed are unlikely to be successful. but i don't think ceos react to something like a debate. you know, they're looking at t
Search Results 0 to 3 of about 4